IWM

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.3% APRnext payment +$0.11 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against SunX+0.070%7-day average +0.036% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.070%, 7d avg +0.036%

Together, before fees−0.042%+ Points / potential airdropVariational Omni: Active · farm board−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Variational Omni is 0.034% dearer against SunX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.036%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX IWM-USDT	285.39	0	get 0.0000% / 8h	1h 34m	$908	$455K	10x
Short	Variational Omni IWM	285.59	0.0011	get 0.0011% / 8h	1h 34m	$160K	$207K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee Variational OmnibpOrdersPrice spread, now +0.070%Rate

Funding earned: $2.41
Price spread: +0.070% → +0.036%: $3.43
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$2.16
Costs to cover: 0.080%
Break-even: 13.3 days

Slippage unknown: SunX: live order book, 26 min ago; Variational Omni: RFQ quote, 9 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 26 min ago	500.15 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 9 min ago	2.08 bp	doesn't fit	79.6 bp −$796	doesn't fit	doesn't fit

IWM on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster IWMUSDT	0.0000%	8h	285.52	+0.044%	$2K	$221	20x	as long as short
Bybit IWMUSDT	0.0000%	8h	285.36	−0.011%	$557K	$60K	25x	as long as short
OKX IWM-USDT-SWAP	0.0000%	8h	285.32	−0.025%	$437K	$160K	20x	as long as short
Gate IWM_USDT	0.0000%	8h	285.62	+0.081%	$608K	$160K	20x	as long as short
Bitget IWMUSDT	0.0000%	8h	285.56	+0.060%	$442K	$15K	20x	as long as short
SunX IWM-USDTlong	0.0000%	8h	285.39	long leg	$908	$455K	10x
HTX IWM-USDT	0.0000%	8h	285.29	−0.035%	$702	$37K	20x	as long as short
Phemex IWMUSDT	0.0000%	8h	285.63	+0.084%	$765K	$81K	10x	as long as short
Variational Omni IWMshort	+0.0011%	8h	285.59	+0.070%	$160K	$207K	—
Lighter IWM	+0.0032%	1h	286.09	+0.245%	$75K	$19K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Markets by Kinetiq mkts:SMALL2000	+0.0040%	1h	285.41	+0.007%	$566K	$363K	20x	as long as short
Vest IWM-USD-PERP	+0.0046%	1h	285.40	+0.004%	—	—	25x	as long as short
BloFin IWM-USDT	+0.0058%	8h	285.63	+0.084%	$65K	$33K	20x	as long as short
Binance IWMUSDT	+0.0079%	8h	285.62	+0.081%	$1.1M	$1.2M	20x	as long as short
MEXC IWM_USDT	+0.0080%	8h	285.63	+0.084%	$885K	$82K	50x	as long as short
KuCoin IWMUSDTM	+0.0100%	8h	285.71	+0.112%	$139K	$848K	20x	as long as short
GRVT IWM_USDT_Perp	+0.0643%	8h	285.69	+0.105%	$297	$104K	10x	as long as short